Hello-
My mom is the heir, and I found out that her interest is in receivership in Winkler County. Anyone know what the process is to reverse/stop/change this? She received an offer from Patch Energy. I find it curious that Patch Energy had no trouble locating her but the defendant could not?
Thanks
It depends if it is pending. If so, contact the operator immediately so it does not go into a receivership. If it is already in a receivership you need to go to court. We consulted an attorney and dealt with Patch on this.
Hi there… My experience might be different from yours but we also received an offer from Patch for interest in Winkler… and it was FAR below market value. It seems many offers come in low and negotiating will increase—if you even want to sell at all.
Who/what is the operator? If in receivership, probably best to make a deal with Patch? Is it negotiable?
We are in receivership, so I am not sure if that will jeopardize her ownership?
I don’t know who the operator is, but I would ask the groups contacting you. I would always try to negotiate. If your interest is large, then it’s probably worth it to keep and hire an attorney. Our interest was small, so the attorney we called in Midland suggested we sell.
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